The European Commission has handed the decision over the acquisition of Kabel BW by Liberty back to the domestic regulator the Bundeskartellamt which had requested jurisdiction. Most observers think this reduces the chances of a clearance. Liberty Global announced in March its intention to buy Kabel BW from Swedish fund EQT for €3.16 billion. Liberty […]
Vislink, a global technology business specialising in secure communications products and services for the news & entertainment and law enforcement & public safety markets, announced it has acquired Gigawave Limited for £3.75 million. Gigawave employs 87 people and is a leading designer, manufacturer and supplier of wireless camera, microwave and antenna products for the broadcast […]
Dish Network chairman Charlie Ergen has renewed efforts to acquire TerreStar Networks, agreeing to submit a “stalking horse” bid of $1.375 billion for the bankrupt hybrid- satellite-technology firm. TerreStar’s assets are slated to be auctioned on June 30th, with Dish’s offer to serve as the opening bid, according to bankruptcy-court filings. TerreStar offers wholesale wireless […]
Ericsson, the specialist in telecommunications technology and service, has reached an agreement with Providence Equity Partners and Warburg Pincus to acquire 100 per cent of the shares of Telcordia, a global expert in the development of mobile, broadband and enterprise communications software and services, for $1.15 billion. Closing anticipated to Q4 2011 with full effect […]
Analysts and bankers expect two of Spain’s three commercial television networks to resume merger talks after their main rival moved towards a powerful position in Spanish football pay-TV. Talks between Antena 3 (A3) and La Sexta broke down in 2010 but commercial pressures have grown after the completion of the takeover of Cuatro by Telecinco […]
Imagine, if you will, that some of our great tech companies are football (i.e. soccer) teams. Would Microsoft be Real Madrid perhaps? A great history – even if some of it, in both cases, remains shrouded in mystery – very rich and very powerful. But living a bit on past glories? A deserved reputation for […]
This time last week, Permira’s man responsible for its ProSiebenSat.1 investment, Joerg Rockenhaeuser, said the German commercial broadcaster wasn’t up for sale “today or tomorrow”. As readers will fully understand, this doesn’t mean that ‘next week’ a ‘For Sale’ sign won’t appear over the asset. Perhaps helping galvanise thoughts will be a report from investment […]
Michael White, CEO at DirecTV expressed doubts June 9 as to whether US regulators would permit a merger between DirecTV and arch-rival Dish Network. He was speaking in a live interview on Bloomberg TV News. He spoke about the broadcaster’s “clear” strategy for the future, and that they were looking at any possibilities that enhanced […]
Four private equity companies have reached the second round of bidding for the Swedish cable company Com Hem. CVC Capital Partners, Nordic Capital, BC Partners and Cinven are involved in a process which values the company between $2.57 billion and $2.9 billion. Com Hem, which is owned by Providence Equity Partners and Carlyle, is connected […]
News Corp and regulators are said to have agreed in principle a deal on the final obstacles to a full bid for control of BSkyB nearly a year after the initial bid. The FT reports that ministers wanted to hire external lawyers to review the proposed remedy that News Corp has offered in order to […]